The format of Form-16 has been changed to make it in sync with the format of Income Tax return (ITR).
17 Jul 2019 2:58 PM
IT Dept issued a statement saying the updating process of these forms' utility software does not hamper filing of returns.
16 Jul 2019 10:10 PM
The idea behind the initiative is to create exclusive membership to clubs that exude not only social status but also honour.
05 Jul 2019 1:54 AM
Industry is of the view that since both the AAR and AAAR only have tax officers as members.
19 May 2019 12:03 PM
Electronic way or e way bill was rolled out in 2018, for moving goods worth over Rs 50,000 from one state to another.
24 Apr 2019 8:51 PM
Composition scheme businesses will file the April-June quarter returns in July as per the new format.
24 Apr 2019 7:26 PM
The fake invoices generated by them involved about Rs 1,289 crore of value and input tax credit of about Rs 224 crore.
13 Mar 2019 12:07 PM
The department said refunds will be sent to bank accounts as it will issue only e-refunds from March 1, 2019.
28 Feb 2019 11:26 AM
Above 1.5 lakh persons have declared their annual income over Rs 1 crore till now during in the assessment year 2018-19: Sushil Chandra.
08 Feb 2019 12:52 PM
GST collections in January 2019 has crossed Rs 1 lakh crore.
01 Feb 2019 1:43 PM
In last 18 months, around 90 per cent of taxpayers have reported up to 50 B2B and B2C large invoices in a month.
30 Jan 2019 5:08 PM
The recommendations of the panel is likely to be included in the final budget for 2019-20.
19 Dec 2018 4:32 PM
The move benefited about 93 per cent of the GST registered taxpayers.
05 Nov 2018 5:46 PM
During 2017-18 fiscal, the direct tax to GDP ratio at 5.98 per cent is the best in the last 10 years.
25 Oct 2018 11:12 AM
PM Modi said he wanted citizens to not just pay their taxes honestly but do their bit for social transformation.
25 Oct 2018 8:34 AM
Average declared income rises 19% during the period.
23 Oct 2018 1:05 AM
The policy-making body of the IT department said the total number of crorepati taxpayers has also seen a growth of about 60 per cent.
22 Oct 2018 6:14 PM
The stock changes hands so quickly that the tax authorities are unable to identify who is the true owner.
18 Oct 2018 3:38 PM
The number of direct taxpayers was 3.8 crore when the Modi-led government took office in May 2014.
12 Oct 2018 12:35 PM
However, there shall be no extension of the due date for the purpose of section 234A (Explanation 1) of the I-T Act, 1961.
24 Sep 2018 5:37 PM